Long
Long
Gold Analysis & Trading Strategy | July 22🌐Hello traders! I’m Jack Blackwell, with 15 years of experience in analysis and trading in the futures and forex markets. Below are my technical analysis views based on the current XAUUSD (4H and 1H timeframes) chart structure.
✅ 4-Hour Trend Analysis
From the 4-hour timeframe, gold has clearly broken above the upper boundary of the previous descending channel and has remained above the MA5, MA10, and MA20. This indicates that the short- to medium-term structure has shifted from bearish to sideways-to-bullish.
The current price is approaching the upper Bollinger Band on the 4-hour chart, where clear resistance is present. If gold can effectively hold above the 4081–4096 area, it may continue testing 4118 and possibly 4140. If it fails to hold, the price may first pull back toward 4068–4058 to confirm support.
✅ 1-Hour Trend Analysis
From the 1-hour timeframe, the moving averages are in a clear bullish alignment, indicating that the short-term trend remains strong. The price rebounded again after a pullback, showing strong buying support in the 4066–4056 area.
If gold breaks above and holds firmly over 4088, it is likely to test 4095–4100. If it fails to break higher and falls below 4065, the price may pull back toward 4056–4038.
🔴 Key Resistance Levels
● 4085–4095: Short-term resistance area
● 4118–4125: Structural resistance area
● 4139–4145: Important medium-term resistance
🟢 Key Support Levels
● 4068–4056: Short-term support area
● 4050–4038: Important support-conversion area
● 4018–4010: Core support area on the 4-hour chart
✅ Trading Strategy Reference
🔰 Buy-on-Pullback Strategy
👉 Buy Zone 1: 4068–4056
👉 Buy Zone 2: 4050–4038
🎯 Targets: 4088 → 4095 → 4118 → 4140
🔰 Short-Term Sell Strategy at Higher Levels
👉 Sell Zone 1: 4085–4095
👉 Sell Zone 2: 4115–4125
🎯 Targets: 4072 → 4065 → 4056 → 4038
⚠️ Both the 4-hour and 1-hour structures remain bullish, so long positions are still aligned with the prevailing trend. However, the price is already approaching resistance on both timeframes, so it is not advisable to chase long positions blindly above 4085. A more cautious approach is to wait for a pullback toward 4060–4050–4040 and consider buying only after support is confirmed.
🔔 If you find my analysis helpful, please like, share, and stay tuned for future updates. Your support is my motivation to continue sharing professional insights. Wishing everyone smooth trading and steady profits! HAL Symmetrical Triangle Breakout Watch_______________________________________
📊 Hindustan Aeronautics Ltd. (HAL): Daily Technical Snapshot – Symmetrical Triangle Breakout Watch
📊 STWP Technical Analysis
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MARKET STRUCTURE SNAPSHOT | NSE: HAL | DAILY
Closing Price: ₹4,581.70 (+₹90.70 | +2.02%)
Core Trend: Strong Uptrend
Market State: Consolidation Within Uptrend
Price Structure: Price is consolidating inside a Symmetrical Triangle, following a strong prior advance. The recent Bullish Engulfing candle suggests improving buying interest as the stock approaches the upper boundary of the pattern.
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OPERATIONAL PRICE GRID & KEY REFERENCE LEVELS
Model Reference Level: ₹4,594.00
Hard Invalidation Level: ₹4,155.20
Structural Risk: ₹438.80 (9.55%)
Resistance Levels: R1 ₹4,630.00 | R2 ₹4,678.30 | R3 ₹4,762.60
Support Levels: S1 ₹4,497.40 | S2 ₹4,413.10 | S3 ₹4,364.80
Range Structure: Low ₹4,155.20 | High ₹4,762.60
Higher Timeframe Observation Zones: ₹4,678 | ₹4,763 | ₹4,900
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MOMENTUM, PARTICIPATION & CPR DATA
Volume Profile: 697.57K Shares
Volume Character: Normal Relative Participation
RSI: 63.43 (Strong Momentum Zone)
ADX: 11.59 (Low Trend Strength – Compression Phase)
ROC: +4.12%
MACD Status: Strong Positive Momentum Structure
CCI: +173.39 (Strong Bullish Momentum)
Stochastic Reading: 95.73 (Extended Momentum Zone)
Current Bias: WAIT FOR BREAKOUT CONFIRMATION
CPR State: Bullish Zone | CPR Moving Up (Narrow)
Today's CPR: Pivot ₹4,489.00 | Top ₹4,490.00 | Base ₹4,488.00
Tomorrow's CPR (Projected): Pivot ₹4,545.70 | Top ₹4,563.70 | Base ₹4,527.70
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📚 EDUCATIONAL OBSERVATION
Hindustan Aeronautics Ltd. (HAL) continues to trade within a Symmetrical Triangle, a consolidation pattern that often develops after a strong trending move. The formation of higher lows alongside lower highs indicates that buyers and sellers are gradually reaching equilibrium, leading to price compression before the next significant directional move.
The recent Bullish Engulfing candlestick near the rising trendline reflects renewed buying interest and suggests that buyers are attempting to challenge the upper boundary of the triangle. However, the pattern remains under development, and a decisive breakout above the resistance trendline, supported by stronger-than-average volume, would provide stronger confirmation of a potential continuation of the broader uptrend.
Momentum indicators continue to remain constructive. The RSI at 63.43 reflects healthy bullish momentum, while the MACD remains positive, indicating sustained upside strength. The ROC of +4.12% signals improving price acceleration, and the CCI reading of +173.39 confirms strong buying momentum. The Stochastic reading of 95.73 highlights continued participation, although elevated momentum levels may also lead to short-term consolidation before the next directional move. Meanwhile, the ADX at 11.59 indicates that the market is currently in a compression phase, which is common during triangle formations.
The projected Central Pivot Range (CPR) for the next trading session has shifted higher, with the projected Pivot at ₹4,545.70. A rising CPR reflects improving market acceptance of higher prices and supports the prevailing bullish bias.
Immediate technical attention remains on the resistance zone between ₹4,630 and ₹4,678, which also coincides with the upper boundary of the Symmetrical Triangle. A sustained breakout above this region could strengthen the existing bullish structure and bring the higher-timeframe observation zones near ₹4,763 and ₹4,900 into focus. On the downside, ₹4,497 remains the first important support, while the structural invalidation level is positioned near ₹4,155.
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🏢 BUSINESS & FUNDAMENTAL UPDATE
Hindustan Aeronautics Ltd. (HAL) remains India's largest aerospace and defence manufacturer, benefiting from the Government of India's continued focus on defence modernisation and indigenous manufacturing under the Govt. initiative. The company maintains a strong order book across fighter aircraft, helicopters, engines and defence systems, providing healthy long-term revenue visibility. Increasing defence capital expenditure, export opportunities and sustained execution of major defence programmes continue to support HAL's long-term growth outlook.
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📖 Educational Note
Support and resistance levels should be treated as observation zones rather than predictive targets. Chart patterns, price action, volume analysis, momentum indicators and CPR are educational tools that help market participants understand evolving market structure within a disciplined risk-management framework.
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⚠️ Disclaimer
This analysis is provided strictly for educational and informational purposes.
It does not constitute financial, investment or trading advice and should not be interpreted as a recommendation to buy or sell any security.
Investments in the stock market are subject to market risks, including the possible loss of capital.
Historical performance, business developments, chart patterns and technical indicators do not guarantee future outcomes.
Please conduct your own research and consult a SEBI-registered investment adviser before making investment decisions.
STWP assumes no responsibility or liability for any financial loss arising directly or indirectly from the use of this analysis.
Long
TVSMOTOR Rising Wedge Recovery Strong Q1 FY27 Earnings📊 TVS Motor Company: Daily Technical Snapshot – Rising Wedge Recovery & Strong Q1 FY27 Earnings
📊 STWP Technical Analysis
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MARKET STRUCTURE SNAPSHOT | NSE: TVSMOTOR | DAILY
Closing Price: 3,792.00 (+201.80 | +5.62%)
Core Trend: Strong Uptrend
Market State: Recovery Within Uptrend
Price Structure: Price has rebounded strongly after forming a Bullish Engulfing near the rising support trendline and is now attempting to break above the descending resistance of a Rising Wedge consolidation. The recovery is supported by improving momentum, healthy volume participation and strong quarterly earnings.
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OPERATIONAL PRICE GRID & KEY REFERENCE LEVELS
Model Reference Level: 3,810.00
Hard Invalidation Level: 3,260.70
Structural Risk: 549.30 (14.42%)
Resistance Levels: R1 3,875.73 | R2 3,959.47 | R3 4,108.93
Support Levels: S1 3,642.53 | S2 3,493.07 | S3 3,409.33
Range Structure: Low 3,260.70 | High 4,108.93
Higher Timeframe Observation Zones: 3,960 | 4,109 | 4,250
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🏢 BUSINESS & FUNDAMENTAL UPDATE
TVS Motor reported a strong Q1 FY27 performance, exceeding market expectations across revenue, profitability and margins. Standalone revenue increased 38% YoY to 13,896 crore, while net profit rose 51% YoY to a record 1,174 crore. EBITDA grew 41%, with margins expanding to 12.8%, despite concerns over rising input costs and a higher EV mix. The company also recorded its highest-ever quarterly vehicle sales of 1.63 million units, driven by robust growth across motorcycles, scooters, exports and electric vehicles, with EV sales surging 86% YoY. The Board also declared plans to raise up to 1,000 crore through debt instruments. The stronger-than-expected earnings, improving margins and record sales provided a positive fundamental backdrop to the stock's ongoing technical recovery and trendline breakout attempt.
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⚠️ MOMENTUM, PARTICIPATION & CPR DATA
Volume Profile: 2.39 Million Shares
Volume Character: Strong Relative Participation
RSI: 65.36 (Strong Momentum Zone)
ADX: 18.85 (Trend Strength Improving)
ROC: +2.14%
MACD Status: Fresh Bullish Crossover
CCI: +127.60 (Positive Momentum)
Stochastic Reading: 93.64 (Extended Momentum Zone)
Current Bias: BUY ON PULLBACKS AFTER BREAKOUT CONFIRMATION
CPR State: Bullish Zone | CPR Moving Down (Narrow)
Today's CPR: Pivot 3,586.70 | Top 3,588.40 | Base 3,584.90
Tomorrow's CPR (Projected): Pivot 3,726.30 | Top 3,759.10 | Base 3,693.40
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📚 EDUCATIONAL OBSERVATION
TVS Motor has staged a strong recovery after forming a Bullish Engulfing candlestick near the lower boundary of its rising support trendline. The stock is now testing the upper boundary of a Rising Wedge consolidation, signalling that buyers have regained control following a brief corrective phase. The recent price action indicates that selling pressure has gradually weakened while demand has improved near key support levels. The strong bullish candle, combined with improving momentum indicators, reflects renewed buying interest. However, the trendline breakout is still in progress, and confirmation would require sustained trading above the wedge resistance, preferably supported by stronger-than-average trading volume.
Momentum indicators continue to improve. The RSI at 65.36 reflects healthy bullish momentum without entering an extreme overbought zone. MACD has generated a fresh bullish crossover, suggesting strengthening upside momentum, while the ROC of +2.14% indicates improving price acceleration. The CCI reading of +127.60 confirms positive buying momentum, and the Stochastic reading of 93.64 highlights sustained participation. While momentum remains constructive, elevated readings may also result in short-term consolidations after a sharp advance. The projected Central Pivot Range (CPR) for the next trading session has shifted higher, with the projected Pivot at 3,726.30. A higher CPR reflects improving market acceptance of higher prices and supports the prevailing bullish structure as long as prices remain above key support levels. Immediate attention remains focused on the resistance zone between 3,876 and 3,959, which also coincides with the upper boundary of the Rising Wedge. A decisive close above this region, supported by improving participation, would confirm the breakout and could shift attention towards the higher-timeframe observation zones near 4,109 and 4,250. On the downside, 3,643 remains the first important support, while the structural invalidation level is positioned near 3,261.
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📖 Educational Note
The combination of strong quarterly earnings, record vehicle sales, margin expansion, and a technical recovery within a Rising Wedge provides a constructive backdrop for the stock. However, from a technical perspective, the current setup will be considered fully confirmed only if price sustains above the wedge resistance with continued participation. Support and resistance levels should be treated as observation zones rather than predictive targets. Technical analysis and financial results are educational tools that help investors evaluate market structure and business performance within a disciplined risk-management framework.
________________________________________
Disclaimer
This analysis is provided strictly for educational and informational purposes.
It does not constitute financial, investment or trading advice and should not be interpreted as a recommendation to buy or sell any security. Investments in the stock market are subject to market risks, including the possible loss of capital. Historical performance, financial results, chart patterns and technical indicators do not guarantee future outcomes. Please conduct your own research and consult a SEBI-registered investment adviser before making investment decisions. STWP assumes no responsibility or liability for any financial loss arising directly or indirectly from the use of this analysis.
Long
XAUUSD — 4,054 Flipped the Story XAUUSD — 4,054 Flipped the Story
Gold started the session with pressure around 4,000, but the chart did something important after that dip — it stopped behaving like a market that wanted to keep bleeding lower.
Price swept near the 3,982.995 liquidity area, formed a base, then pushed back through 4,054.121 and tapped into 4,072.676. That change matters because 4,054 was the level sellers needed to defend if the bearish flow wanted to stay clean. Once price moved above it, the short-term story started shifting from “sell every bounce” into “watch the pullback for a continuation setup.”
For newer traders, the key is not to chase the candle after the move. The cleaner idea is to let gold breathe back into the Fibo zone around 4,030 - 4,040. If buyers defend that area and price starts holding higher lows, then the recovery can keep building toward the order block and liquidity zone around 4,080 - 4,100.
My main view is bullish while gold holds above the Fibo zone and especially above 3,982.995. The wider backdrop is still sensitive, with US-Iran tension and Fed rate expectations keeping the market reactive, so I do not see this as a smooth one-way move. But from the chart, the liquidity sweep below and the reclaim above 4,054 tell me buyers have at least taken short-term control.
This bullish idea becomes weak if gold loses 4,030 - 4,040 and then breaks back below 3,982.995. That would mean the recovery failed, and sellers may try to drag price back toward 3,927.583.
Key price zones to watch
Current reaction area: 4,054.121 - 4,072.676
Main demand / Fibo zone: 4,030 - 4,040
Bullish confirmation zone: clean hold above 4,054.121
Main upside target: 4,080 - 4,100
Order block + liquidity zone: 4,080 - 4,100
Lower support if buyers fail: 3,982.995
Major lower liquidity: 3,927.583
Invalidation: clean close below 3,982.995
Do you see this 4,054 reclaim as the start of a real recovery, or would you wait for the Fibo pullback before trusting the move?
Long 
Long
Nifty : Intraday Trading Plan: 22-Jul-2026
Welcome traders! 👋 Here is a detailed, professional trading plan for Nifty 50 for the upcoming session. We will analyze the chart structure to define our strategy for every possible opening scenario.
🎨 Chart Legend & Color Code
🟠 Orange Line/Box: No Trade Zone / Sideways Market / Caution Area.
🟢 Green Line/Box: Bullish Zone / Support / Long Side.
🔴 Red Line: Bearish Zone / Resistance / Short Side.
⚪ Dashed Line: Probable Trend (Maybe/Maybe Not) – Wait for confirmation!
📈 Overall Nifty Trend (Intraday)
Looking at the chart, Nifty is currently trading at 24,193.95. The market is in a consolidation phase after recent volatility.
Immediate Bias: Neutral to Slightly Bullish.
Key Observation: The price is sandwiched between the Opening Support (24,146) and Opening Resistance (24,230-24,251).
The "Green" Path: If buyers defend 24,146, we could see a solid move up towards 24,317 (Last Intraday Resistance) and potentially 24,375.
The "Red" Path: If sellers push price below 24,146, we might see a slide down to the 24,033-24,056 support zone.
🚀 Scenario 1: Gap Up Opening (100+ Points)
(Expected Open: ~24,295 - 24,300)
If the market gaps up by 100+ points, it will open very close to the Last Intraday Resistance (24,317) and well above the Opening Resistance Zone (24,230-24,251).
🔍 Analysis: A gap up of this magnitude often leads to profit booking. The price is entering the "Red Zone" (Resistance).
🟢 Bullish Action (Long): Do not chase the gap immediately. Wait for the price to sustain above 24,317 (Red Line). If a 15-min candle closes above this level, look for a move towards 24,375 (following the green dashed line).
🔴 Bearish Action (Short): If the price opens near 24,300 and shows rejection candles (Shooting Star, Bearish Engulfing) at 24,317, initiate a Short position. The target would be a gap fill down to 24,250.
🟠 No Trade: Avoid buying right at the open as the Risk:Reward ratio is poor near resistance.
⚖️ Scenario 2: Flat Opening
(Expected Open: ~24,180 - 24,210)
If the market opens flat, it opens right in the middle of the chart, between the Orange Line (24,146) and the Orange Box (24,230-24,251).
🔍 Analysis: This is the classic "Chop Zone". The market lacks direction initially.
🟠 No Trade Zone: The zone between 24,146 and 24,230 is your "Sideways" area. Trading here is dangerous for option buyers due to Theta decay.
🟢 Bullish Action (Long): Wait for a breakout above the Orange Box (24,251). Once confirmed, go Long with a target of 24,317.
🔴 Bearish Action (Short): Wait for a breakdown below the Orange Line (24,146). Once confirmed, go Short with a target of 24,056 (Green Box).
⚪ Dashed Line Logic: The red dashed line shows a potential drop from the resistance zone, while the green solid line shows a potential rise from support. Patience is key here!
📉 Scenario 3: Gap Down Opening (100+ Points)
(Expected Open: ~24,090 - 24,100)
If the market gaps down significantly, it opens below the Orange Line (24,146) and heads straight towards the Last Intraday Support (24,033-24,056).
🔍 Analysis: Panic selling might occur initially. The price is entering the "Green Box" (Strong Support).
🟢 Bullish Action (Long): Watch the 24,033-24,056 zone closely. If the price stabilizes here and forms a reversal pattern (like a Hammer), take a Long position for a bounce back to 24,146 (following the green dashed line up).
🔴 Bearish Action (Short): If the price crashes through 24,033 with high volume, the support has failed. Go Short (follow the trend down).
️ Caution: Gap downs often see a "Dead Cat Bounce". Don't short right at the support line; wait for a breakdown.
🛡️ Risk Management Tips for Options Trading
Trading options requires strict discipline. Here are some golden rules:
Stop Loss is Mandatory: Never trade without a Stop Loss (SL). For options, a 10-15% premium SL or a spot level SL (as mentioned above) is crucial.
🔹 Position Sizing: Never risk more than 2-5% of your total capital on a single trade. If you have ₹1 Lakh, don't lose more than ₹2,000-₹5,000 on one setup.
🔹 Avoid the "Orange Zone": If the market is sideways (Flat opening scenario), option buyers will lose money due to time decay (Theta). Stay out or trade very small quantities.
🔹 Trail Your SL: Once you are in profit, move your Stop Loss to your entry price (Cost-to-Cost). Protect your capital first!
🔹 Don't Average Losers: If a trade goes against you, exit. Do not add more quantity to a losing position hoping for a recovery.
Summary & Conclusion
To summarize the plan for 22-Jul-2026:
Trend: The market is range-bound. Watch 24,146 (Support) and 24,230-24,251 (Resistance).
Gap Up: Watch for rejection at 24,317 (Short) or breakout (Long to 24,375).
Flat: Stay out of the 24,146 - 24,230 zone (Orange/No Trade). Trade the breakout/breakdown only.
Gap Down: Watch for support at 24,033-24,056 (Long for bounce).
Conclusion: The chart suggests a battle between bulls and bears in the 24,146 - 24,251 range. The Orange zones indicate areas of confusion—avoid trading there. Wait for the market to pick a direction (Green or Red lines) before committing your capital. The dashed lines remind us that anything is possible, so always wait for candle confirmation! 📈📉
⚠️ Disclaimer:
I am not a SEBI registered analyst. This post is for educational purposes only. Trading in the stock market and F&O involves high risk and can lead to capital loss. Please consult your financial advisor before taking any trades. The charts and levels are based on technical analysis and probabilities, not guarantees. 🙏 
Long
360 ONE WAM Ltd. (1W) – Technical AnalysisOverall Trend
The long-term trend remains bullish, as the stock has rallied significantly from the ₹400–500 zone to above ₹1,300. However, after this strong advance, the stock has entered a multi-month consolidation phase.
Chart Pattern
The price is trading inside a symmetrical triangle, characterized by:
Lower highs, indicating sellers are gradually pushing prices down.
Higher lows, showing buyers continue to accumulate at higher levels.
Declining price swings, suggesting volatility is contracting before a potential expansion.
This pattern reflects indecision between buyers and sellers and often precedes a strong directional move.
Current Price Action
Current Price: ₹1,113.70
The stock is trading near the middle of the triangle, where the risk-to-reward is generally less favorable.
Neither buyers nor sellers currently have a decisive advantage.
Key Resistance
Upper trendline: Approximately ₹1,170–1,200
A weekly close above this zone would indicate increasing bullish momentum.
Key Support
Lower trendline: Approximately ₹980–1,020
Holding above this support keeps the consolidation structure intact.
Bullish Scenario
A convincing weekly breakout above the upper trendline, supported by strong volume, could confirm the continuation of the primary uptrend.
Potential upside targets:
₹1,300
₹1,400
₹1,500+ if momentum remains strong.
Bearish Scenario
If the stock breaks below the lower trendline with a strong weekly close, it would invalidate the triangle pattern.
Possible downside targets:
₹900
₹850
₹780 in an extended correction.
Volume Observation
Volume confirmation is crucial.
High volume breakout increases the probability of a sustained move.
Low volume breakout carries a higher risk of becoming a false breakout.
Trading Strategy
Aggressive traders: Wait for a confirmed breakout above the upper trendline before initiating fresh long positions.
Conservative investors: Wait for both a breakout and a successful retest of the broken trendline before entering.
Avoid taking large positions while the stock remains inside the triangle, as false moves are common during consolidation.
Technical Outlook
Bias: Neutral to Bullish
The long-term structure remains positive, but the stock is currently in a consolidation phase. The next major trend will likely be determined by a decisive breakout from the symmetrical triangle. Until then, patience is preferable to anticipating the direction. 
Long
BRIAN XAUUSD – GOLD REBOUNDS, BUT THE REAL TEST IS ABOVE BRIAN XAUUSD – GOLD REBOUNDS, BUT THE REAL TEST IS ABOVE
Gold is recovering from last week’s bottom area, but the market is still not in a clean bullish structure.
Price is moving inside a short-term rising channel after reacting from the lower value zone. The rebound looks controlled, but with US-Iran tension still active and the market pricing at least one Fed hike by year-end, gold may continue to face selling pressure at higher prices.
The chart is clear now: gold can still push higher, but the upper liquidity zone is where the real test begins.
Technical structure
On the H1 chart, gold has bounced from the lower base and is now trading around 4,060.
The POC Buy Reaction Zone around 4,005 - 4,012 remains the main support below current price. As long as gold holds above this area, the short-term rebound can continue.
However, the upper zone around 4,095 - 4,105 is marked as the main sell area. This is where sellers may defend again if price reaches higher liquidity.
The rising channel supports the recovery, but price is now getting closer to resistance. That means chasing buy too late becomes risky.
Important zones
POC Buy Reaction Zone: 4,005 - 4,012
Main value support and reaction base.
Buy scalping area: 4,055 - 4,065
Short-term reaction area inside the current rebound.
Careful selling zone: 4,081
First upper reaction level.
Sell gold here: 4,095 - 4,105
Main resistance and preferred sell-reaction zone.
Last week’s bottom: 3,959
Major downside reference if the recovery fails.
Trading scenario
Sell reaction from 4,095 - 4,105
Entry:
Look for sell positions only if price rallies into 4,095 - 4,105 and shows clear rejection.
Stop Loss:
Above the sell zone or above the local rejection high.
Take Profit:
TP1: 4,081
TP2: 4,055 - 4,065
TP3: 4,005 - 4,012
This setup is based on waiting for gold to move into upper liquidity first, then watching whether sellers defend that value zone.
Final view
Gold can continue the short-term rebound while it holds above the POC Buy Reaction Zone.
But the main structure is not fully bullish yet. The stronger decision area is above, around 4,095 - 4,105.
If gold reaches that zone and fails, sellers may take control again.
For now, I do not want to chase the middle. Let price reach liquidity. Then trade the reaction.
Long 
DXY: Ready for the Next Leg? Flagpole Pattern!!The U.S. Dollar Index appears to be forming a Bull Flag after a strong impulsive rally.
A healthy trend rarely moves in a straight line. Strong markets often pause, consolidate, and absorb profit booking before attempting the next move. That's exactly what DXY is doing at the moment.
The initial rally formed the flagpole, reflecting strong buying momentum. Since then, price has been correcting inside a downward-sloping channel, creating the flag. This type of consolidation usually indicates that sellers are unable to reverse the trend, while buyers gradually absorb supply.
What's encouraging is that the entire correction is taking place above the previous breakout zone near 100, suggesting that former resistance is now acting as support. This is a constructive sign from a market structure perspective.
A decisive breakout above the flag would indicate that the correction is complete and could trigger the next leg higher. Until then, the pattern remains under development, and patience is essential.
This isn't just a Forex chart.
The next move in DXY can influence Gold, Silver, Crude Oil, USDINR, emerging markets, FII flows, and global equity indices.
Rather than predicting the direction, I'm simply identifying a high-probability structure and waiting for the market to confirm it.
Sometimes the best trades begin with a simple continuation pattern. 
Long
Long
Long
